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Porsche 918 RSR

Following an absence of four years from the NAIAS, Porsche had been promising an all new concept to its North American contigency. The 918 RSR is exactly that. Evolving from the 2010 918 Spyder concept shown in Geneva, the RSR stays true to the overall theme of the Spyder but adds a roof and race-specific elements.

The fastest - and slowest - selling used cars revealed by Glass’s

The Mitsubishi Mirage and Ford Focus: the slowest- and fastest-selling used cars revealed by Glass's By Tim Pollard First Official Pictures 28 August 2014 12:17 The best and worst secondhand cars have been revealed in a survey revealing which models sell quickly and which hang around like a bad smell. The list, compiled by used-car pricing gurus at Glass’s, claims that the Ford Focus is Britain’s fastest-selling secondhand car. On average, it takes just 24.9 days to sell a Focus on the used market in Britain.

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.